WLD 1.56% 6.5¢ wellard limited

Ann: Operating Update Including Indonesia Permit Release-WLD.AX, page-8

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  1. 430 Posts.
    shearer 22,000 cattle,swagman 6,000 to Turkey.

    Drover 20000 cattle, outback 6000 to indonesia.

    Totally 54000 cattle will be delivered in May.

    As a results of lower oil price and lower Au$, WLD may make more profit than what they expect. 2Q of FY17 china market will be available,JV Wellao expect to import 100,000 cattle in FY17 and 200,000 cattle in FY18. Kelpie will be ready to work from 2H FY17, then Shearer and Kelpie can focus on China market.
 
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